D peeps are fired up... Must be comp drama in the D bowl...

likefunny
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Lol we’ll be going through the same in about 3 weeks

likeuplifting

M1, touché

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It seems all the firms are trying to sit on cash given the looming recession rather than handing out big pay bumps

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Partnerships can not hold that much cash. Must be distributed at year end.

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Sounds like the PwC after our end of year talks 😂

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What’s happening? They all getting bumps to match their egos?

likefunny

Apparently not

likefunny

Equity Partner/Principal comp up 10% and they had “a great year”

The rest of us are averaging 3-5% raises (not including promotions)

(And by comp, I mean their distributions, but still)

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Not true. We had higher headcounts and so bottom line growth was less than 2%.

Lots of comp drama. It's Armageddon in the D Bowl.

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Hey the Big XII has 10 teams, and the Big10 has 12 teams, so the Big 4 could have more firms, right?

likefunny

It’s their cyclical PAR(Proactive Attrition for Recession). Until they end up losing their good folk and have to hire massively when they realize again that recession can be counter cyclical for all of Consulting (except for this Digital thing and massive ERP money pits).

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IMHO depends. Any sign of a recession, clients normally duck and cover. This means canceling ERP projects that don’t deliver value anyway but also cut digital projects & capital expenditure which may impact Slalom and give operating control to unit cost optimizing procurement that will push work offshore (see other thread offshore often is higher TCO but procurement can rarely piece it together)

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I can’t find this specific D bowl, there’s hundreds of em ?

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A lot of people don’t seem to be Deloitted about their comp

likefunny

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